Adapt tax reports to new requirements in Spain | Feature requests (public)

Koinly

Create

Roadmap

Feature requests (public)

891

Adapt tax reports to new requirements in Spain

complete

CryptoSide

Tax reports not cover new Spanish laws requirements. Operations must be split by source token and type of destination (virtual coin, fiat, another virtual active and product or service) We need new report like CoinTracking made available for its customers yesterday.

April 14, 2023

Benito

What has changed? I am comparing previous update report and after update report and I see exactly the same.

Petur

Benito: 
Hi Benito,
We have not made any changes but we have created a new report called 'Spain Capital Gain Summary' that you can generate to see this info

CryptoSide

Petur: Report is near to be what we need, but cases like "that was traded for other crypto or NFTs" must be splitted in "thas was traded for other crypto" and "thas was traded for other virtual assets like NFTs"

Petur

CryptoSide: 
Hi,
Our team seems to think that it is not strictly necessary to separate these two categories but to be on the safe side, we will just add this change. 
ETA is Tuesday but I can let you know once the change has been released

CryptoSide

Petur: Thanks Petur! I really appreciate your work in order to adjust report with new detail requested by the Spanish tax agency.

Petur

CryptoSide:

We have now launched the updated version :)

CryptoSide

Petur: Hi Petur, it seems now report splits between tokens and NFTs but not identify correctly tokens NFTxx (placeholders) used to represent NFTs that Koinly not import automatically (like Hedera NFTs).
Actually shows this NFTXX like tokens in report when they must be in "was traded for NFTs" section.
It´s about this NFTs:
https://help.koinly.io/en/articles/5742771-how-to-add-nft-trades-manually-using-placeholders
Regards

This post was marked as

complete

CryptoSide

Report is near to be what we need, but cases like "that was traded for other crypto or NFTs" must be splitted in "thas was traded for other crypto" and "thas was traded for other virtual assets like NFTs"

This post was marked as

complete

Benito

This is a critical issue and should be resolved as soon as possible for spanish users since the date to file tax reports is more or less one month from now.

Petur

Merged in a post:

Spanish Tax Laws: Show breakdown of profits/losses per token

Sarina

It appears that Spain is updating the way in which users will need to report their profits/losses.

They will need to show profits/losses per token, as well as other information.

April 18, 2023

April 25, 2023

Pedro Gutiérrez

Thanks for creating this request. I'm Spanish and need it :)

Petur

marked this post as

in progress

Ricardo Osorio

Can you please elaborate? I’m from Spain and have no idea what you’re talking about lol

Jaime Casanova

New requirements apply retroactively, or for the 2023 tax season?

CryptoSide

Jaime Casanova: Apply from 2022